| 12.06.2009 - An embarrassment of riches and riches of embarrassments |
| From Mediamonitors.net: Most banks and economists put the oil income of the Gulf Sovereign Wealth Funds at $1.5 Trillion. This estimate excludes Saudi Arabia that just launched its own Sovereign Wealth Fund (S.W.F.) last year with a meager $5.3 Billion: (Economist, May 1, 2008). A Sovereign Wealth Fund is a government owned investment fund........Full Article: Source |